The whole square tube the price is not Weakness lends wings to rumours.

Author: | Date:2017/6/16 15:31:57 | Sources:
According to the daily trading volume of 23 sample business operators in Southern China area after the Wuxi Fang Guan factory tracked, the daily trading volume of the sample merchants on the 13 day was about 10900 tons, which increased 4700 tons compared with the previous trading day, an increase of 75.81%, and a 3 consecutive trading day. However, it is worth mentioning that since February, the average volume of trading is about 5283.3 tons, which is 4302.4 tons less than that of January, and the total volume is still at a low level since the beginning of the festival. According to my estimates at Guangdong area network building materials inventory, a total of more than 1 million 500 thousand tons, compared with the level before the increase of about 400 thousand tons, and the present state department and warehouse warehouse explosion, the late arrival still in transit resources in Guangxi area; building materials inventory of about 500 thousand tons, compared with before the increased level of 20-22 million tons, from the current situation, after the commercial taking the site, and downstream logistics enterprises gradually returned, the demand side is to release, but it is only partial improvement, inventory pressure still exists.

Overall, the square tube increases are not caused by the superposition of multiple factors Weakness lends wings to rumours., but at the same time, short-term there is still room to rise. But the accumulation of stock after the festival, the pressure of later fund and the demand can not continue to push up, the unfair rise will also aggravate the accumulation of market risk. The rapid expansion of the space also needs time to digest, I think the rise is difficult to continue, to the inventory stage square tube price or some fall.
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